AEA Market Report Shows Continued Growth in Avionics Sales

At its 57th annual convention on Thursday, the Aircraft Electronics Association (AEA) announced that 2013 worldwide general aviation avionics sales reached a total of more than $2.4 billion. This is 6.9 percent higher than the comparable 2012 number. Of the $2.4 billion in sales generated last year, 54 percent were for forward-fit (new aircraft) and 46 percent for retrofit (aftermarket). “There are many signs for our market recovery,” said Paul Derks, AEA president.

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